Nz Mileage Rate 2024. To help in calculating an employee’s reimbursement when they use their private vehicle for work. Different vehicle types are entitled to different mileage rates.
The tier two rate is applied to any travel over 14,000 kilometres in a. Ird mileage rate 2024 nz del gratiana, using the tier 1 and tier 2 rates.
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The rates set out below apply for the 2023/2024 income year for business motor vehicle expenditure claims.
To Help In Calculating An Employee’s Reimbursement When They Use Their Private Vehicle For Work.
You can keep a logbook to find out how much you usually use the vehicle for business.
Nz Mileage Rate 2024 Images References :
The Rates Are $1.04 For Petrol, Diesel, Hybrid And.
If you are a sole trader or qualifying close company and use the kilometre rate method to claim business vehicle costs, this new rate applies for the 2023 year, being.
As You Say, The Ird Rate Is 77C Per Km, However The Aa Rates Are Also Acceptable To The Ird, But Are Calculated On The Type Of Vehicle.
You can use kilometre rates to work out allowable expenses for business of a vehicle.